LONDON (CU)_Over the past two years, the government of UK launched a host of measures to assist UK households amid the economic downturn brought about the pandemic. However, the National Institute of Economic and Social Research (NIESR) is now accusing Whitehall of prematurely withdrawing the support measures, claiming that it has limited the Bank of England’s ability to tackle rising prices.
The London-based think tank made these comments following a recent study which found that the chancellor Rishi Sunak’s 1.25 per cent increase in national insurance surcharge could expand the number of UK households classed as destitute by…
